ELECTIONS

French President Francois Hollande gestures during a news conference with Italian Prime Minister Mario Monti at the Chigi palace in Rome

France Wants EU Growth Package Worth ?120B This Year

With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.
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Alexis Tsipras, leader of SYRIZA. The future of Europe could depend on him bluffing or not.

Europe's Future Hangs On Who's Got The Best Bluff

Political brinksmanship is a common feature of modern democratic politics. Nowhere on the planet, however, is the convoluted logic of basing your electoral strategy on claiming the other guy is bluffing seen as splendidly as in Greece.
Egypt Protest

What Egypt?s Soft Coup Means For The Presidential Elections

This Saturday and Sunday, Egyptians will head for polling station to choose who will be their first democratically elected president, but they are faced with a hard choice now that the Supreme Council of the Armed Forces, or SCAF, has seized greater control.
China market

Chinese Shares Gain On Stimulus Hopes

Stock markets in Hong Kong and China advanced Friday as weak U.S. economic data and worsening euro zone crisis raised hopes that the major central banks would act to tackle deteriorating global economic conditions.
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World economies prepare for panic after Greek polls

Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation's future in the euro zone.
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UN Holds Back Support For Mali Intervention

The U.N. has stopped short of supporting a request from African leaders for a military intervention in politically unstable Mali until more information is obtained about the operation.
OPEC

Oil Rises After OPEC Maintains Current Production Ceiling

Brent crude futures turned positive while U.S. oil extended gains on Thursday after news that OPEC had agreed to keep its collective oil output ceiling unchanged for the second half of the year at 30 million barrels per day, according to a delegate to the conference.

US Urges Cambodia To Hold Free Elections

The U.S. Tuesday urged Cambodia to allow full participation in the general elections next year and also free the 13 women being imprisoned for protesting a property development.

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